After seeing a marked increase in first-half revenues, SafeCharge has paid a maiden dividend and raised forecasts since launching on London’s junior Aim market several months ago.
Although forecasting revenues of $61.2m, it is likely that this will be surpassed as the company has stated it is: “materially ahead of current market expectations.” After acquiring “premium” status for both Visa and MasterCard, SafeCharge can now act as both payment provider and acquirer for these companies. Shares in SafeCharge, which floated at 162p, were up 4.4 per cent to 225.9p on Tuesday, September 9.
